Bluestone Jewellery Franchise In India, Cost, Profit, Contact No Cost, Profit, Benefits, Contact Detail, Requirements, Kaise Le, Apply | SkillsAndTech
Have you ever wanted to own your own business? Be your own boss? Are you looking for a franchise in USA? Then this franchise is right for you. to know about how you can get this franchise in the following paragraph. You can know about the cost and profit you can make through this franchise. You can even learn about the requirements that are needed for this franchise.
Table of Contents
Wiki
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Bluestone is India’s leading destination for high-quality fine jewellery with stunning designs. The design preferences of people are changing along with time. Nowadays, customers are starting to favour creative jewellery. With a focus on design quality, and the customer experience, bluestone aims to change India’s luxury lifestyle and jewellery market.
Bluestone reached the top 10 Jewellery Franchises in India in less than 11 years. The success of the brand has a significant impact on a company’s profits. If you are considering starting your own jewellery business, purchasing a franchise from a reputable brand would be very beneficial.
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Bluestone was established in 2011, Gaurav Singh Kushwaha is the founder of blue stone. He contributes to the company his more than 10 years of expertise in the field of technology, and his vision has helped Bluestone products growth. Jewellery made of bluestone is popular not just in India but also overseas.
Bluestone is actively building stores in many Indian locations in order to expand its business and satisfy growing demands. Ratan Tata, Accel, Iron Pillar, IvyCap, and Saama Capital are a few of the recognisable investors who support Bluestone. Bluestore stores are open in Bengaluru, Mumbai, delhi, Noida, Kolkata, Hyderabad, Chennai, Pune, Ghazaibad, Chandigarh etc. The intention to open additional stores in various cities To increase product sales, Bluestone created a branch in order to expand its reach throughout the nation and provide dealerships and franchisees.
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Benefits
In India, Bluestone is already a well-known brand. In addition, well-known Indian businessman Ratan Tata invested in this company.
- Even after you decide to invest in a Bluestone Jewellery franchise, the company will continue to assist you in every way necessary to ensure a successful business operation.
- With an award winning team, Bluestone Provides the best jewellery designs over 8000+ designs made by only the best designer.
- Professional team from Bluestone will help with site selection, site evaluation, facility assessment, and architectural designing of the shop.
- The company helps the Bluestone Jewellery Franchise with everything from setup to products information training, product knowledge, product display training, and help desk training.
- Bluestone Jewellery Franchise is promoted by the firm through unit interior and promotion, local advertising, digital marketing, print media, and seminars.
- The customer base of Bluestone grows by 200% in just 5 years.
- Company will provide all pos material required for sale of products.
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Financial Assistance
The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.
Cost/ Investment
If you want to take Bluestone Jewellery Franchise, then you will have to invest a considerable amount. The cost of a Bluestone franchise depends on a number of other costs, such as the computer, internet access, air conditioner, and CCTV setup. Here is how much it would cost to franchising a well-known company like Bluestone:
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- The Bluestone franchise agreement’s term is 5 years.
- The cost of inventory will be around INR 2.50 crore.
- Security deposit to mall or high streets will cost around INR 15 lac (at Actual).
- Interior / Fit out of store + Old Gold Setup will cost up to INR 65 lac.
- Store maintenance as per actual INR 5000 per month.
If the franchisee wants to terminate the agreement with the company, then Franchisee will receive a full refund of the inventory investment. And also 100% of security deposit investment shall be returned to the franchisee.
Requirements
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- Should have an ability to invest 2 crore to 3 crore.
- Experience in the Jewellery shop managment.
- Should have shop space about 3000 sqft.
- Ability of Management/Supervision.
Space requirement for the Bluestone Jewellery Franchise:
It will undoubtedly be simple for customers to find you if you choose a location for your Bluestone Jewellery Franchise showroom that is crowded and near a road in main city or in mall.
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To take up Bluestone Jewellery Franchise, you need to arrange at least 1500 square feet to 2000 square feet of space. It will also be an important to fence off the Bluestone Jewellery Franchisee’s cash register and product display space.
Document requirement
You will need the following documentation to get a Bluestone Jewellery Franchise:
- ID Proof : Aadhaar card, Pan card, Voter id card
- Address proof : Ration card, electricity bill
- Photograph, Phone number, Email id
- GST Registration certificate
- NOC of unit/shop
- Unit/shop address proof
- Franchise agreement
- Rent agreement
Profit
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Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
You can make a lot of money with Bluestone Jewellery Franchise. The company works on a variety of projects, each with its own profit margin. Your profits in any franchise are based on the number of sales you make.
- Diamond Studded Jewellery : 7% of realized value.
- Plain Gold Jewellery : 20% of Making Charge of realized value.
- Gold Coins : 20% of Making charge of realized value.
- Solitaires : 3% of realized value.
The company holds a 10% commission on total sales for bluestone franchise. However, the franchisee keeps 90% of the total sales.
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How to Apply
To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Contact details
Website
FAQ
Who is the owner of Bluestone ?
Gaurav Singh Kushwaha
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How much investment will be required to open Blustone Franchise franchise ?
If you want to open Bluestone Franchise then you have a capacity to invest approx 3 crore which is given below:
- The cost of inventory will be around INR 2.50 crore.
- Security deposit to mall or high streets will cost around INR 15 lac (at Actual).
- Interior / Fit out of store + Old Gold Setup will cost up to INR 65 lac.
How much space is needed to open a Bluestone franchise ?
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To open a Bluestone franchise store, you will need approximately 3000 square feet of space in the prime location of your city.
Is Bluestone Jewellery franchise profitable ?
As we know, Ratan Tata-backed BlueStone, a leading omnichannel jewellery retailer, has raised over $30 million in funding at a valuation of $410 million in 2015. Due to which many people trust this brand. Hence, you will be profitable if you take a Bluestone franchise.
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Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part and other parts also.
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